Cleanzine: your weekly cleaning and hygiene industry newsletter 28th November 2024 Issue no. 1140
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ISS sponsors WageMap to promote living wages globally
ISS has become an official sponsor of WageMap, strengthening its commitment to increasing implementation of living wages across the industry.
This means that ISS supports the consortium's mission to achieve living wages worldwide by establishing a Living Wage Reference Standard and a public dataset of globally comparable, locally specific living wage estimates.
With this sponsorship, ISS is taking an important step towards its pledge of working together with policymakers, customers, suppliers and other key stakeholders to increase the implementation of living wages across the industry.
"Defining what constitutes a living wage in every country is an essential step towards advancing living wage practices, increasing pay transparency, and ensuring accountability," says Liz Benison, chief people & transformation officer at ISS.
“Therefore, we are extremely proud to sponsor an organisation like WageMap. Its efforts to provide the framework and foundation needed to achieve living wages, align perfectly with our social commitments.”
The living wage pledge is one of the 'signature' commitments that make up ISS's social sustainability agenda to ensure fairness, inclusion and opportunities for the company's more than 320,000 employees, their families and the broader society.
"Social sustainability is at the heart of our operations at ISS, and promoting a real living wage is at the forefront of that with a broad range of positive impacts," says Liz. “In addition to supporting everyday needs, it’s good for business. As an example, in the UK, 87% of living wage employers reported an improved reputation, and 62% observed better recruitment and retention.”
Over 2024 - 2025, WageMap will establish a credible and representative living wage reference standard which assesses existing living wage estimates and benchmarking methodologies. This will lead WageMap to publish a public dataset with the single living wage estimate value that is most applicable and representative in a specific geography. In this way, it aims to accelerate the transition towards closing the gap between prevailing wages and living wages - globally. WageMap is founded by six organisations: BSR, the Loughborough University Centre for Research in Social Policy, Living Wage For US, the Living Wage Foundation, NewForesight, and Wage Indicator.
www.issworld.com | https://wagemap.org
21st November 2024